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CONCRYT, PaymentIQ integrate to give merchants greater routing flexibility

Tuesday, August 11, 2026 — 16:04:47 (UTC)

CONCRYT integrates with PaymentIQ to give merchants greater routing flexibility

Integration removes the need for a separate direct connection, enabling merchants to route deposits, payouts and refunds through CONCRYT's gateway

Barcelona, Spain, 11 August 2026: CONCRYT, the global payments technology company, has integrated with PaymentIQ, making its payment gateway available within the orchestration platform's cashier and smart routing infrastructure.

Merchants using PaymentIQ can now configure CONCRYT as a payment provider and route deposits, payouts and refunds through its gateway. The integration gives them access to CONCRYT within their existing PaymentIQ environment, reducing the technical work involved in adding and managing another provider.

PaymentIQ is a SaaS-based payment orchestration platform that connects merchants to more than 400 payment service providers through a single integration. Merchants can use the platform to manage providers and route payment flows across different markets and transaction types.

Merchants can direct selected flows through CONCRYT, assess how the gateway performs across transaction types and markets, and adjust their routing as volumes and operational requirements change.

Azimkhon Askarov, Co-CEO and Partner at CONCRYT, commented: “Merchants need payment infrastructure that can respond as quickly as their business does. By integrating with PaymentIQ, we are making it easier for them to bring CONCRYT into their existing payment environment and route deposits, payouts and refunds through our gateway without building a separate connection from scratch.

“Payment orchestration gives merchants greater control over where transactions are sent, how providers are compared and how volumes are moved when performance or market conditions change. This partnership puts CONCRYT directly into that decision-making layer, helping merchants build payment operations that are more flexible, resilient and easier to scale.”

Neil D'Souza, CEO at PaymentIQ, said: "Adding a payment provider has traditionally meant another integration project. Scoping, development, testing, and months before the first transaction goes through. CONCRYT is now available to every merchant on PaymentIQ as a configuration, not a build. They can switch it on, send a portion of their traffic through it, and compare the results against the providers they already run.

"That matters most when a merchant is entering a new market, where local acceptance rates and payout speed decide whether a launch works or stalls. CONCRYT gives them a route into those markets and PaymentIQ gives them the controls to test it properly before they commit real volume. Merchants shouldn't have to take a provider's performance on trust. They should be able to see it in their own data and move traffic the moment the numbers change."

The integration is the first stage of a longer-term partnership between the two companies, with a shared aim of making payment connectivity simpler and payment operations easier to scale.

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About CONCRYT

CONCRYT is a global payments technology company providing advanced infrastructure that enables businesses to operate and scale across international markets.

Through a single platform, CONCRYT connects merchants to a wide range of payment methods, including cards and alternative payment options, supported by a global network of banking and financial partners.

Built on a foundation of speed, transparency and reliability, CONCRYT helps businesses simplify complexity, optimise performance and create new growth opportunities in an evolving payments landscape.

For more information, visit: www.concryt.io.

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Source: Company press release.

Categories: Partnership